Thousands have rallied in six major Israeli cities including Tel Aviv and Jerusalem in protest against tax hikes and other austerity measures presented as part of the country’s new budget.

Rallies on Saturday took place in Tel Aviv, Jerusalem, Haifa,
Modiin, Rishon Lezion and Ashdod with more than 12,000 people
protesting across Israel.

In Tel Aviv alone, 10,000 outraged people were carrying signs
“Where's the money? With the tycoons, dummy" and "Look us
in the eyes tomorrow," Ynetnews reports.

Some 200 people were demanding social justice in Jerusalem while
several hundred blocked an intersection in Haifa.

Protesters were calling Israel’s February election the biggest
lie in the country’s history, demanding that the elected parties
fulfill their promises.

“The Yesh Atid and Habayit Hayehudi parties would not have
gotten all their votes had it not been for the social protest,”
Daphni Leef, one of the leaders of the protest told Ynetnews.
“It is our responsibility to go out there and do whatever we can
to make them stop digging deep into our pockets and start to impose
real corporate tax.”

One of the leaders of the 2011 social protest, MK Itzik Shmuli,
was marching with the crowd claiming that Finance Minister Yair
Lapid’s plan will severely hurt the working man and will trample
the weak sectors of the economy.

"To block it, we will wage a persistent battle on the streets
and in the halls of the Knesset,” Shmuli told Haaretz.
“Israelis don't expect their finance minister to be a socialist,
but they don't expect him to be a populist, either. [They expect
him] only to fulfill the promises he has been making up until last
week.”

The austerity plan, which the Israeli cabinet is expected to
discuss on Monday, includes a $1.8 billion cut in government’s 2013
budget and a further $5 billion cut during 2014.

The Finance Ministry is also pushing forward an increase of
income and value added taxes by 1.5 and 1 per cent
respectively.